Global Smoke Detectors Market 2016-2020

Global Smoke Detectors Market 2016-2020

About Smoke Detector

A smoke detector can detect a fire breakout and prevent it from spreading by enabling security measures. Smoke detectors are connected to alarm systems, which emit a high-pitched alarm tone to warn residents of potential danger, thus, preventing accidents. The requirements of smoke detectors vary on the types of residences. Few residences might require battery-powered detectors, whereas, others might need interconnected hard-wired detectors.

Technavio’s analysts forecast the global smoke detectors market to grow at a CAGR of 8.45% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smoke detectors market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of smoke detectors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smoke Detectors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BRK
  • Honeywell
  • Kidde
  • Siemens
  • Tyco
Other prominent vendors
  • System Sensors
  • USI Electric/Universal
  • Mircom
  • Hochiki America
  • Apollo Fire Detectors
  • Xtralis
  • Gentek
Market driver
  • Increase in residential construction
  • For a full, detailed list, view our report
Market challenge
  • Late or no set-off of smoke detectors
  • For a full, detailed list, view our report
Market trend
  • Integration of smoke detectors with building systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smoke Detectors Market 2016-2020

Technavio recognizes the following companies as the key players in the global smoke detectors market: BRK, Honeywell, Kidde, Siemens, and Tyco.

Other Prominent Vendors in the market are: System Sensors, USI Electric/Universal, Mircom, Hochiki America, Apollo Fire Detectors, Xtralis, and Gentek.

Commenting on the report, an analyst from Technavio’s team said: “Retrofitting of existing smoke detectors will be a key trend for market growth. The retrofitting of advanced systems in existing smoke detection devices will enable users to upgrade smoke detectors in a cost-effective way. The cost of replacement of existing traditional smoke detectors with smart detectors is one of the major constraints for the global user. Several vendors are developing retrofitting solutions. One of the prominent examples is developed by Roost in the form of Wi-Fi-connected 9 V battery that can be used with the existing detectors to make them smart. The cost of retrofitting existing detectors can be as low as one-third of the cost of replacement.”

According to the report, rising initiatives and support from government bodies will be a key driver for market growth. The governments of most developed countries provide support for installing smoke detectors in residences, be it monetary or through initiatives. These initiatives not only help increase awareness about the importance of these devices in case of fire, but also improve the sales of smoke detectors, which has a positive impact on the market growth. One such example of government support is the grant worth $110,000 provided by the US federal government to the Berrien Springs’ Oronoko Township Fire Department to raise awareness about smoke detectors. Such measures will aid in the growth of the market over the next five years.

Further, the report states that increase in price wars among existing vendors will be a challenge for the market. The increase in price wars among vendors is one of the major challenges in the global smoke detectors market in the US. Some of the existing major vendors are enjoying a good market share, but the market growth for smoke detectors has attracted new vendors into the market. Several vendors are trying to provide products at low prices in order to gain market share. However, this will lead to vendors suffering from reduced profit margins in the long run. Major players like Nest, owned by Google, are relaunching their products at low prices. Nest Protect was relaunched in the US in 2014 with a price tag of $99, a significant decrease from the previous price of $130.

Companies Mentioned

BRK, Honeywell, Kidde, Siemens, Tyco, System Sensors, USI Electric/Universal, Mircom, Hochiki America, Apollo Fire Detectors, Xtralis, Gentek.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Evolution of smoke detectors
  • Market landscape
    • Market overview
      • Table Global smoke detectors market
    • Market size and forecast
      • Table Global smoke detectors market 2015-2020 ($ billions)
      • Table Share of new residential construction spending in April 2016 in Canada
      • Table Average construction spending by country in APAC 2015
      • Table Top products in market and their competitive ratings on various parameters
    • Five forces analysis
  • Market segmentation by sensor type
    • Global smoke detectors market by sensor type
      • Table Global smoke detectors market by sensor type 2015 and 2020
    • Photoelectric smoke detectors
      • Table Global smoke detectors market by photoelectric 2015-2020 ($ millions)
    • Dual sensors smoke detectors
      • Table Global smoke detectors market by dual sensors 2015-2020 ($ millions)
    • Ionization smoke detectors
      • Table Global smoke detectors market by ionization 2015-2020 ($ millions)
  • Market segmentation by end-users
    • Global smoke detectors market by end-users
      • Table Global smoke detectors market by end-users 2015 and 2020
    • Commercial
      • Table Global smoke detectors market by commercial sector 2015-2020 ($ millions)
    • Residential
      • Table Global smoke detectors market by residential sector 2015-2020 ($ millions)
      • Table Share of new residential construction spending in April 2016 in Canada
    • Industrial
      • Table Global smoke detectors market by residential sector 2015-2020 ($ millions)
  • Geographical segmentation
    • Global smoke detectors market by geography
      • Table Global smoke detectors market by geography 2015-2020
    • Americas
      • Table Global smoke detectors market in Americas 2015-2020 ($ millions)
    • APAC
      • Table Smoke detectors market in APAC 2015-2020 ($ millions)
    • EMEA
      • Table Smoke detectors market in EMEA 2015-2020 ($ millions)
  • Key leading countries
    • US
    • UK
    • China
  • Market drivers
    • Increase in residential construction
      • Table Housing starts in US January 2015 to November 2015
    • Growing replacement demand
    • Rising initiatives and support from government bodies
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Disposal of smoke detector
    • Late or no set-off of smoke detectors
    • High market competition
    • Increase in price wars among existing vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Integration of smoke detectors with building systems
    • Smart smoke detectors
    • Increasing use of multi-criteria smoke detectors
    • Retrofitting of existing smoke detectors
    • Use of high sensitivity smoke detection
    • Integration of IoT with smoke detection systems
  • Vendor landscape
    • Competitive scenario
      • Table Vendor portfolio analysis
    • Other prominent vendors
  • Key vendor analysis
    • BRK
    • Honeywell
    • Kidde
    • Siemens
    • Tyco
  • Appendix
    • List of abbreviations
  • Explore Technavio

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